Friday, September 2, 2016

The Board needs to extend its insight and innovation lens via cognitive difference.1 A highly effective and wise Board exhibits a creative tension, that hard to define, but you know it when you see it.

2. “Thinking professionally” is the first step in building a high-performance digital Board.

3. A strategic board has a view of looking ahead, an insight to look deeper, and competency to look beyond.

4 The fitting BoD is less about physical strength, more about mental toughness, with fitting minds and fresh eyes.

5 Innovation is too important to leave solely in the hands of the management team without any Board oversight or guidance.

6 The foremost thing is to realize that IT is strategic at board level.

7 Dynamism consists in being able to break away from the static, being proactive.

8 A tech-savvy Board sets a right tone for shaping the culture of innovation.

9. The ignorance about the importance of cognitive differences and the behavioral dynamics that operate within their Board is contributing to the generally poor performance of Board.

10 Ultimately, a cognitive Board is seeking the “Diversity of Thought” and the “Color of Character.”

26 Strategy oversight is important in tuning and updating a dynamic digital strategy.

27 Vision is about zooming into the future as if it were closer.

28 Strategic wisdom is an integral and multidimensional intelligence.

29 A strategy is a combination of an origin, a destination, and a route to get from origin to destination.

30 The real strategic differentiation is to create true value, look forward, not backward, and present the advanced uniqueness to shine through.

31 Silo builds the wall in people’s minds and creates the barrier in organizations’ “hearts.”

32 In a world of well-defined problems, directors are required to exercise influence over volatility, manage uncertainty, simplify complexity, and resolve ambiguity in the 21st-century digital environment.